News
The Home Buyer Tax Credit has gone away for new purchases, but Uncle Sam has extended the credit to those buyers who had a contract in place on or before April 30, 2010. If you didn't get a chance to take advantage of the home buyer tax credit all is not lost. You can always buy a home at any time, but some times are better than others... and that would be true right now.
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Rent vs. Buy |
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Are you throwing your money out the window by renting?This Renting vs. Buying Comparison illustrates the real cost of home ownership for renters with a $50,000/year income as compared to a $1200/month rental payment. The results of this analysis show the tenant is losing in excess of $650.00 each month by renting. This includes the tax considerations and a modest appreciation rate of 3 percent, which historically is a low appreciation rate. |
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Take the test yourself . . . . get your own analysis, using your numbers, and learn how buying a home today compares with renting. Email cheryl@coloradospringsbesthomes.com to request a rent vs. buy comparison for you.
REALPRO INNOVATIONS
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